2024 Risk Assessment - A Common Deficiency

Thursday, April 10, 2025
Webcast or Webinar, Online
12:00PM - 12:57PM (opens at 11:30AM) EST
1Credits
Accounting and Auditing

Registration is Open

Members
$39.00 Regular Price
Non-Members
$59.00 Regular Price

CPE PowerPass Users

Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$20.00 Members / $28.00 Non-Members
Course Type: Webcast
Course Code: 25/AC855542
Level: Intermediate
Vendor: ACPEN
Field of Study: Auditing

Overview:

The AICPA has determined than 1 in 10 firms are not compliant with the risk assessment standards. This course will discuss how to properly identify risks and assess risks under AU-C 315. We will then review how to respond to identified risks under AU-C 330. The course will focus on the inherent risk model. We will also review common deficiencies and how a proper risk assessment can drive a more efficient and effective audit.

Objectives:

  • Recognize the audit risk model 
  • Perform risk assessment procedures compliant with the audit standards

Major Topics:

  • Risk Assessment
  • Common Deficiencies

Major Topics:

  • Risk Assessment
  • Common Deficiencies

Designed For:

Accounting professionals

Prerequisites:

Prior experience with AU-C 315